£414,020
This estimated value is based upon the latest sale price for the house of £310,000 on 17 Jun 2016. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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20-22 Market Hill, Royston, SG8 9JG
Phone: 01763761458
| Price Paid | Date |
|---|---|
| £310,000 | 17 Jun 2016 |
| £290,000 | 17 Jun 2016 |
| £102,000 | 15 Jan 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 sq feet |
This model uses changes in the Official Land Registry House Price Index for HERTFORDSHIRE to estimate the market value.
When this house was purchased in June 2016 the House Price Index for HERTFORDSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £310,000 results in an estimated price of approximately £414,020.
| 17 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £310,000 | £104,020 | £414,020 |
The Postcode Pricing Model uses changes in average sales price within the SG8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 17.687 % | £54,829 | £364,829 |
| 3 Month Average | 16.415 % | £50,886 | £360,886 |
| 6 Month Average | 27.606 % | £85,579 | £395,579 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £473,281 | £465,000 | 14 AINTREE ROAD |
| 7 Jul 2023 | £466,276 | £460,000 | 2 AINTREE ROAD |
| 30 Jun 2023 | £409,966 | £405,000 | 3 ASCOT ROAD |
| 8 Jul 2022 | £420,131 | £419,000 | 19 VALLEY RISE |
| 5 May 2022 | £443,354 | £435,000 | 4 LINGFIELD ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 8 Feb 2016. Using an estimated price of £414,020 means this house is valued at £5,520 per sq meter (£512 per sq foot).
The average size of a house on VALLEY RISE is 123 sq meters (1,327 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Newmarket Road | |
| Jan 2024 | Anti-social behaviour | On or near Newmarket Road | |
| Jan 2024 | Anti-social behaviour | On or near Newmarket Road | |
| Mar 2024 | Anti-social behaviour | On or near Haydock Road | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Highlands |